NW_LS410
Des Moines, IA Wed, May 02, 2012 USDA Market News
USDA BEEF CARCASS PRICE EQUIVALENT INDEX VALUE
CHOICE SELECT
Index 600-900# 600-900#
Values => $176.94 $172.28
Change => 0.31 -0.07
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Current Index Reflects the Equivalent of 142,319 head of cattle.
SUPPLY (Live) 75,633 Hd
Equivalent: $174.70 $170.14
DEMAND (Box) 66,686 Hd*
Equivalent: $179.18 $174.43
Live-Box Spread: ($4.48) ($4.29)
---------------------------- Input Breakdown -----------------------------
National Daily Direct Cattle : Boxed Beef Cutouts
(5 day accumulated wghtd avg) : Ch 600-900# $191.18
Weight Price Head : Se 600-900# $186.43
Live Steer: 1311 $119.81 30,953: Current Lds: 235.0
Live Heifer: 1200 $119.88 27,059: Previous Lds: 189.7
Drsd Steer: 874 $193.15 11,214
Drsd Heifer: 812 $192.39 6,407
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Grading % Breakdown : Drop Credit : 13.80
Ch 600-900# : 73.94%: Steer Dressing % : 63.74%
Ch 600-750# : 25.15%: Heifer Dressing %: 63.68%
Ch 750-900# : 48.79%: Processing Cost : 12.00
Se 600-900# : 26.06%: Slaughter Cost : 50.50
Se 600-750# : 6.13%:
Se 750-900# : 19.93%:
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Equivalent Values for Outlying Beef Carcass Types
Basis Value = 176.94 Carcass Weights
400-500#500-600# 600-900# 900-1000# 1000#/up
Qlty/Yield (1) -28.93 -13.04 -1.70 -21.54
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Prime 1-3 16.78 $164.79 $180.68 $193.72 $192.02 $172.18
Certified 1-3 4.32 $152.33 $168.22 $181.26 $179.56 $159.72
Choice 1 3.38 $151.39 $167.28 $180.32 $178.62 $158.78
Select 1 -0.62 $147.39 $163.28 $176.32 $174.62 $154.78
Stndrd 1-3 -19.10 $128.91 $144.80 $157.84 $156.14 $136.30
Prime 4 4.08 $152.09 $167.98 $181.02 $179.32 $159.48
Choice 4 -11.38 $136.63 $152.52 $165.56 $163.86 $144.02
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*Reflects total boxed beef load count from past 5 days
multiplied by 75, the average head per boxed beef load.
(1) differentials based upon current premiums and discounts.
Note: Index reflects simple average of live and box equivalents.
Source: USDA Market News Service, Des Moines, IA
Bryant Smith 515-284-4460 Desm.LGMN@ams.usda.gov
24 Hour recorded market information 515-284-4830
www.ams.usda.gov/mnreports/NW_LS410.txt
www.ams.usda.gov/LSMarketNews
Beef Carcass Price Equivalent
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